
Polymarket's LunarCrush engagements hit an all-time high of 128.4M in a single day. The same week Congress introduced legislation to ban its most popular product. Mentions: 43,323 (daily avg: 16,780, up 158%) Creators: 21,864 (daily avg: 8,006, up 173%) YoY engagements: up 490% Sentiment: 81% (up 75.61% week-over-week) @Kalshi and Polymarket each valued at $22B. Combined February volume: $18.3B, up from under $2B in August 2025. That is 9x growth in 6 months. Add the New York Magazine investigation into Iran insider trading on @Polymarket, and you have peak product-market fit colliding with peak regulatory scrutiny in the same news cycle. That combination does not resolve quietly.